A)

1. The present value of Alternative A is $ (blank) (Round to the nearest cent.)
2. The present value of Alternative B is $ (blank) (Round to the nearest cent.)
3. The present value of Alternative C is $ (blank) (Round to the nearest cent.)

B)

Are all the alternatives acceptable-that is, worth at least $23,000 today?

Yes or No

C)

Which alternative, if any, will you take?

A) Alternative C

B) None

C) Alternative A

D) Alternative B

Time value comparisons of single amounts Personal Finance Problem In exchange for a $23,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table: Your opportunity cost is 9%. a. Find the value today of each alternative. b. Are all the alternatives acceptable that is, worth at least $23,000 today? c. Which alternative, if any, will you take? Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)